Sunpower (SPWRA) landed another solar supply deal with the French retailer Casino Group today. Last year, Sunpower signed a 14MW deal with the company and today it signed a 20MW deal which allows Casino group to install additional solar panels on the roof tops of its properties in France. They will use Sunpower’s E19 series solar panels which provide efficiency up to 19%.
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GreenYellow (renewable energy … Read the rest
SunPower (SPWRA) announced it has broken the world record for full scale solar cell efficiency by producing a cell with a sunlight to electricity conversion of 24.2% at its plant in the Phillippines. It’s been confirmed by the DOE. Sunpower has increased efficiency by 4% over the past 5 years
“This new world record demonstrates SunPower’s ability to extend our lead in manufacturing the world’s highest efficiency solar cells,” said Bill Mulligan, vice president of … Read the rest
LDK Solar (LDK) announced after the bell today that it has signed a contract to supply solar modules to Spain based Gestamp Asetym Solar. LDK Solar will provide 15.8MW of solar modules to Gestamp during the 3rd quarter.
LDK Solar CEO Xiaofeng Peng commented: “We are very pleased to commence a relationship with Gestamp Solar, a leader in the development of PV projects. As demonstrated by this contract, we continue to experience solid demand for … Read the rest
Yingli Green Energy (YGE) announced its U.S. subsidiary, Yingli Green Energy Americas signed a solar module supply agreement with DC Power Systems through the end of this year. It’s one of the largest US agreements for Yingli this year, and represents the largest contract between the companies to date. Yingli has been selling its solar panels to the US residential solar market through DC Power and other solar distributors and this widens that distribution.
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Praxair (PX) signed a multi-year with Evergreen Solar (ESLR) to supply bulk industrial gases for its solar wafer manufacturing facility in Wuhan, China. Praxair has been a supplier for ESLR’s US operations for several years and will now support their new China operations.
Praxair is the largest industrial gas supplier to the solar industry and server more than 50 manufacturing facilities worldwide.
“Evergreen Solar is a valued customer of Praxair in the U.S., and we … Read the rest
Ascent Solar just announced that it has been awarded a multimillion dollar contract from DARPA under the Low-Cost Lightweight Portable Photovoltaics (PoP) solicitation. Under the contract, Ascent Solar will lead project called “Flexible High-performance Tandem-junction PV Array” to develop cheap, lightweight PV systems that have a conversion efficiency of 20% or greater and are tough enough to stand up to military use.
The project will consist of 3 phases, the first of which is worth … Read the rest
SunEdison, a division on MEMC Electronic Materials, just announced that it has been selected by LaSalle Investment Management to develop, finance, build, own, operate, monitor and maintain 2.1 MW worth of PV solar energy systems on LaSalle’s facilities.
The power produced by these systems will be bought by Ontario Power Authority under its feed-in-tariff program. Meanwhile, LaSalle will get lease revenue out of the deal.
====> Click Here For Your FREE MEMC Electronics Technical Analysis… Read the rest
I’ve always thought it was strange that the India green energy market isn’t much bigger. You just don’t hear about big renewable energy projects going down in India and that remains the case, but I still think this is a big potential market and one the big guys will be looking to get into in the coming years. India has ambitious plans for solar power and hopes to achieve 20GW of solar power within about … Read the rest
I’ve been saying for awhile now that Evergreen Solar (ESLR) is a good candidate for going out of business or being bought out at fire sale prices. Nothing has changed. The company still burns through cash and is months away from getting manufacturing operations going at full speed in China. Time is running out and the first step to extinction is a delisting from the Nasdaq.
====> Click Here For Your FREE Evergreen Solar Analysis… Read the rest
Pacific Epoch posted today that Huantai Silicon Science and Technology suspended its cooperation with Suntech Power (STP) in their Glory Silicon joint venture according to the 21st Century Business Herald which cited Huantai President Wang Lubao. Wang said the company plans to form a joint venture with MEMC Electronic Materials (WFR) to manufacture solar cells.
The article wasn’t real clear as to whether the Glory Silicon project was ditched completely, but that appears to be … Read the rest